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4 Indian firms in race for Rs 25K cr Navy chopper deal

Four Indian firms including Tata, Adani, Mahindra Defence Systems and Bharat Forge have been shortlisted by the Indian Navy as strategic partners for the project involving a deal worth Rs 25,000......

Defence ministry scraps Rs 6,000-cr tender for light choppers

The defence ministry on Friday scrapped a scam-tainted tender worth over Rs 6,000 crore to procure 197 light helicopters from foreign vendors and decided to allow indigenous players to manufacture......

'You can't always win', Finmeccanica CEO had told rival

"You cannot always win". This is the message Finmeccanica chief Giuseppe Orsi sent along with a bottle of champagne to his rivals American Sikorsky, a day ahead of the award of the Rs 3,600 crore......

CBI to probe VIP chopper deal after Italian firm head held

The alleged scam in a Rs 3600-crore defence helicopter deal with an Italian firm took a new turn on Tuesday with its chief being arrested in Milan, prompting the government to order a Central......

Navy plans to bid for world's biggest tender for choppers

In what could be the world's biggest tender for helicopters, the Indian Navy is planning to issue a bid for procuring more than 120 multirole choppers expected to be worth around Rs 35,000 crore.......

USTDA bullish on India's aviation sector

The US Trade and Development Agency is bullish on the exponential growth of the aviation sector in India, despite the global economic downturn. Acting Director of the Agency, Leocadia I Zak, noted......

Tatas leading the charge in defence

The most prominent theme in defence production today is the surging presence of India's private sector. At the Defence India '08 exhibition (Defexpo) in New Delhi last month, private Indian......

Money still has a nationality

Back in the mid-1990s, two chief executives of large Indian companies were battling their largest shareholders: Russi Mody of Tata Steel had locked horns with the board of Tata Sons, and K L Chugh......

Urgent trip? Just fly by hire

Necessity had always made air charters the first choice of transport in some businesses such as offshore oil exploration or moving top politicians and corporate executives around.More often than......

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World Test Championship 2023

India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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